how theory of probability used in real life
by determining
Logical decision making. Gambling. Odds.
A "p" is used for probability of success. A "q" is used for probability of failure.
name two area where probability is used
how theory of probability used in real life
# of successes = probability or change total
by determining
no
Statistics is used in many places especially when you are the head of a business and you need to calculate probability and things like that.
Probability in real life can be said as something that usually happens. No one can predict the future, however; one can determine how likely it is that something will or will not happen.
Logical decision making. Gambling. Odds.
Proportions are used in real life to determine prices of things.
There are many event, in real life, which have binary outcomes (A or B0 which are equally likely. In studying such situations the coin probabilities are obvious analogies.
Do I take an umbrella to work today? The answer depends on my assessment of the probability of rain - how much I trust the weather forecasts!
Believe it or not, school is a real life situation. If you are using it in school it real life for you.
the importance of probability of our life is wait example: A: he is doing a coin toss now... B:really, ok tell me he is going to get head or tail. A: the probability is 50/50 i dont no. seee you stupid,,,,,,idiot......i am telling those words becuz i dont even really know the ans ;P